One thing is very clear now. The plans for GM (NYSE: GM) and Ford (NYSE: F) to make money in North American in 2009 are dead as a door nail. Both stocks…
Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69. Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems. Sells…
The wheels finally came off in Detroit. GM (NYSE: GM) is down 8% to $19.13, a new 52-week low. The stock bounced around that level in late 2005 and early 2006 when…
Ford (NYSE: F) is trading near its 52-week low at $5.75. GM (NYSE: GM) came within a dime of its nadir today, trading at $21.43. These figures are not very different from…
Bold words. VW says that by 2010 it can produce 10 million vehicles and pass Toyota (NYSE: TM) and GM (NYSE: GM) as the world’s largest car company. According to the Times…
GM (NYSE: GM) would rather not put money into its former parts operations which is now a separate company and in Chapter 11. Because of tight credit markets, the large auto company…
Douglas A. McIntyre According to Bloomberg, GM (NYSE: GM) has a 113 day supply of trucks. That is well above the 60 days that most industry analysts believe is ideal. Strikes have closed some companies…
Douglas A. McIntyre According to Reuters, falling home prices could keep buyers on the sidelines until they see a bottom. Reuters writes that a Microsoft (MSFT) deal with Yahoo! (YHOO) could hurt Google (GOOG) in…
According to Reuters, H&R Block posted a large quarterly loss. Reuters writes that the service sector slump is pulling down the economy. Reuters writes that Ambak (ABK) raised at least $1.5 billion.…
GM (GM) CEO Rick Wagoner got kick upstairs to the realm of the Zeppelin pilots yesterday. The company said that he did not lose any of his authority, but it put in…
According to Reuters, Google (GOOG) lost a key executive to Facebook. Reuters reports that losses at Credit Agricole were worse than expected Reuters reports that OPEC indicated that it would leave production…
According to Reuters February car sales dropped sharply especially for US made vehicles. Reuters writes that BHP Billiton (BHP) is working on raising $55 billion for its potential takeover of Rio Tinto…
After a tough 2007, it would be hard to believe that a domestic car company could have a 13% drop in January sales. GM (NYSE: GM) did just that. The stock is…
Delphi, the former parts operation of GE (NYSE:GM) wants out of Chapter 11. It had a $6.1 billion exit package, but the credit markets have crushed that. Now GM is faced with…
Douglas A. McIntyre No matter how bad the markets were in February, they were worse for some stocks than for others. Shares in Microsoft (NASDAQ: MSFT) dropped 16% during the second month of the year,…
